How to setup a savings goal target with a pre-existing balance
I'm new to YNAB (first day!) and am struggling with setting up a savings goal that is tied to a pre-existing balance. To be more specific, I want to have a savings goal that is 3x our monthly household income and I have already done this calculation manually so I don't need YNAB to do it. Monthly we put $100 toward this goal, and we already have an amount saved. I don't really care about hitting the goal by any particular date - as long as we are making progress monthly that's all that matters to me. Right now what it's doing is allowing me to set the goal but the starting balance is $0, so it's calculating (goal)/100 to determine the number of months that it'll take to hit my goal But really the calculation should be (goal-amount already saved)/100 to determine the number of months to reach the goal.
I'm guessing this is possible and I'm missing the obvious - anyone have some hints for me on how I can accomplish this?
I would just set a monthly contribution goal of $100 to facilitate the quick budget tool. You can put your target balance in the category name for easy reference to know when to stop.
Alternatively, you could set a Target balance (no date), and after next month, it will calculate how much time it will take to get there.
Either way, put however much you've already saved in the category this month, then budget $100/month going forward.
My first option will be an easy click each month, but won't show your progress automatically. My second option will need manual contributions each month, but it will show your progress. I'd do the first option.